US Metals & Mining Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-metals-mining
US Metals & Mining Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 6.04%, fitted curve 3M–40Y (4.87%–6.19%), 393 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.87% | — |
| 6M | 4.92% | 5.08% |
| 9M | 4.96% | 5.17% |
| 12M | 5.01% | 5.17% |
| 18M | 5.10% | 5.37% |
| 2Y | 5.20% | 5.56% |
| 3Y | 5.37% | 5.82% |
| 4Y | 5.52% | 6.13% |
| 5Y | 5.65% | 6.37% |
| 6Y | 5.77% | 6.54% |
| 7Y | 5.86% | 6.65% |
| 8Y | 5.93% | 6.72% |
| 9Y | 5.99% | 6.74% |
| 10Y | 6.04% | 6.73% |
| 15Y | 6.15% | 6.63% |
| 20Y | 6.18% | 6.45% |
| 25Y | 6.19% | 6.36% |
| 30Y | 6.19% | 6.31% |
| 40Y | 6.19% | 6.29% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.20% and the 10-year 6.04%, a 10Y−2Y spread of +84 bp — positively sloped — as of 2026-09-11. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.20% | 4.98% | 4.89% | 4.85% | 4.70% | 4.73% | 4.53% |
| 10Y | 6.04% | 5.94% | 5.82% | 5.73% | 5.64% | 5.64% | 5.41% |
| 10Y − 2Y | +84 bp | +97 bp | +93 bp | +87 bp | +94 bp | +91 bp | +88 bp |
Yields by rating group
The same curve split by credit quality: 477 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.64%, Speculative 6.63%.
Bonds in this curve
A selection of 30 of the 478 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Novelis Corp | 6.18% | 2026-11-15 | 3.25% | USU6700TAE39 |
| Posco Holdings INC | 5.05% | 2027-01-23 | 4.88% | US73730EAG89 |
| Glencore PLC | 4.60% | 2027-03-27 | 4.00% | US378272AN87 |
| Glencore PLC | 4.71% | 2027-03-27 | 4.00% | USU37818AR97 |
| Nucor Corporation | 4.37% | 2027-05-23 | 4.30% | US670346AY11 |
| Corporacion Nacional del Cobre de Chile | 5.52% | 2027-08-01 | 3.62% | USP3143NAY06 |
| Posco Holdings INC | 5.16% | 2027-08-04 | 4.50% | US73730EAB92 |
| Yamana Gold INC | 4.57% | 2027-12-15 | 4.62% | US98462YAD22 |
| Posco Holdings INC | 5.14% | 2028-01-17 | 5.75% | US73730EAD58 |
| RIO Tinto PLC | 4.77% | 2028-07-15 | 7.12% | US767201AD89 |
| Freeport-Mcmoran INC | 4.99% | 2028-08-01 | 4.38% | US35671DCG88 |
| Glencore PLC | 5.15% | 2029-03-12 | 4.88% | US378272AV04 |
| Chinalco Capital Holdings Limited | 4.60% | 2029-04-22 | 3.90% | XS3302920163 |
| RIO Tinto PLC | 5.11% | 2030-03-14 | 4.88% | US76720AAS50 |
| JW Alum Continuous Cast CO | 8.35% | 2030-04-01 | 10.25% | US46648XAB47 |
| RIO Tinto PLC | 5.03% | 2031-03-15 | 7.25% | US013716AQ81 |
| Alcoa Nederland Holding B.V. | 6.41% | 2031-03-15 | 7.12% | US013822AH42 |
| RIO Tinto PLC | 5.32% | 2032-03-14 | 5.00% | US76720AAT34 |
| Cleveland-Cliffs INC | 6.94% | 2032-03-15 | 7.00% | US185899AP61 |
| Anglo American Capital PLC | 5.64% | 2033-03-19 | 5.00% | USG0446NBC77 |
| Capstone Copper Corp | 6.55% | 2033-03-31 | 6.75% | US14071LAA61 |
| Newmont Corp | 5.47% | 2034-03-15 | 5.35% | US65163LAR06 |
| Freeport Minerals Corp | 5.96% | 2034-03-15 | 6.12% | US717265AM45 |
| RIO Tinto PLC | 5.54% | 2035-03-14 | 5.25% | US76720AAU07 |
| Anglo American Capital PLC | 5.85% | 2036-03-19 | 5.25% | USG0446NBD50 |
| Newmont Corp | 6.14% | 2039-10-01 | 6.25% | US651639AM86 |
| Newmont Corp | 5.98% | 2044-06-09 | 5.45% | US651639AV85 |
| Industrias Penoles S.A.B. de C.V. | 6.63% | 2049-09-12 | 5.65% | USP55409AB50 |
| Glencore PLC | 6.35% | 2054-04-04 | 5.89% | US378272BV94 |
| RIO Tinto PLC | 6.14% | 2065-03-14 | 5.88% | US76720AAW62 |